June Jobs Report

The Bureau of Labor Statistics recently released its Employment Situation Summary for June, highlighting stronger than expected numbers. Below is a snapshot of what we learned. Total non-farm payroll increased by 222,000 in June, the largest increase since February. The unemployment rate was little changed at 4.4%. Wages increased an average of 2.5% from last year. This [...]

By |2017-10-26T14:16:17+00:00June 24th, 2017|The Source|

May Jobs Report

The Bureau of Labor Statistics released its May Jobs Report data today, and while job creation fell short of economists' predictions (185,000 were expected but only 138,000 were added) unemployment fell to 4.3% -  the lowest we have seen since 2001. Despite low unemployment, wage growth has been slow, with a 2.5% year-over-year increase. Economists [...]

By |2017-06-02T10:13:35+00:00June 2nd, 2017|The Source|